Announced
Completed
Financials
Tags
Software
Acquisition
Friendly
Private
Single Bidder
consumer electronics
cloud-based services
Digital Services
United States
cloud-based platform services
Majority
Completed
Synopsis
ICF, a global consulting and technology services provider, completed the acquisition of Incentive Technology Group, a provider of cloud-based platform services to the US federal government for $255m. "Federal CIOs work closely with agency personnel to deliver technologies and services that achieve missions through platforms, communications, policy, cross-agency collaboration and more. As one team, ICF and ITG bring highly complementary capabilities and will be uniquely positioned to architect and implement technology platforms that drive the strategic transformation agencies need to meet their new mandates. Importantly, this is an excellent cultural fit for our collaborative, entrepreneurial organization, which was a key determinant in our decision to join together with ICF," JC Chidiac, ITG Chief Operating Officer.
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